AI Infrastructure
Modernized AI infrastructure is essential for the widespread adoption of AI applications across various industries.
In 2024, major tech companies like Amazon, Google, Microsoft, and Meta are expected to invest over $213 billion in AI infrastructure, with spending anticipated to increase further in 2025.
This underscores the growing importance of AI, as projections estimate that generative AI will generate nearly $1.3 trillion in revenue by 2032. This growth will be driven by increased sales in the tech industry’s hardware, software, services, advertising, and gaming segments.
Robotics
Three key factors accelerating the adoption of robotics in manufacturing are the rising cost of labor, the increasing demand for precision goods, and the decreasing cost of robotic setups.
Additionally, sectors such as retail and healthcare can also benefit from advanced robots due to their low error rates and high reliability, making them an attractive option for improving efficiency and service quality.
Defense Technology
Rising geopolitical tensions, accelerating deglobalization, and the increasing integration of technology into defense and national security are driving a significant rise in military and defense spending.
The Council on Foreign Relations currently lists over 30 ongoing conflicts worldwide, highlighting the global security challenges. In 2023, global military expenditures exceeded $1.6 trillion among the top seven spending nations.
By 2030, global defense expenditures are expected to surge nearly 40%, surpassing $3.4 trillion, with a growing portion allocated to artificial intelligence (AI), cybersecurity, and other advanced defense technologies. This trend underscores the critical role of technology in modern defense strategies and the escalating financial commitments to national security.